News
SAN JOSE -- Flextronics today reported record net sales of $5.4 billion for its third quarter, up 31% from a year ago. For the period ended Dec. 31, GAAP net income increased 183% to a record $119 million.
"Flextronics is aggressively taking market share and is in position to exceed its long-term financial goal of 15 to 20% year-over-year operating growth in calendar 2007," wrote analyst Carter Shoop of Deutsche Bank Equity Research in a research note last night.
"Flextronics is aggressively taking market share and is in position to exceed its long-term financial goal of 15 to 20% year-over-year operating growth in calendar 2007," wrote analyst Carter Shoop of Deutsche Bank Equity Research in a research note last night.
SPOKANE, WA -- Electronic manufacturing services firm Key Tronic Corp. reported December quarter revenue of $49.8 million, up 10% year-over-year.
Net income slipped from $1 million a year ago to was $300,000 for the December quarter, including a one-time charge of $940,000 for inventory and receivables reserves related to a customer bankruptcy.
Net income slipped from $1 million a year ago to was $300,000 for the December quarter, including a one-time charge of $940,000 for inventory and receivables reserves related to a customer bankruptcy.
SPOKANE, WA – A.C.E. Production Technologies has expanded to an 18,000 sq. ft. office and manufacturing facility. The move was prompted by growth fueled by an increase in systems sales of more than 500% in 2006, according to president Al Cable. Located in Spokane, the facility previously housed a circuit board contract manufacturing company and is fully equipped for ESD protection of circuit assemblies. A.C.E. manufactures batch load and in-line lead-free-capable selective soldering machines and support modules for electronics assembly.
DUNFERMLINE, SCOTLAND -- The Simclar Group has closed a pair of manufacturing sites in Scotland due to slowing demand, according to several news reports. The EMS company said facilities in Irvine and Kilwinning would be shuttered and a total of 420 employees laid off.
SAN JOSE -- Sanmina-SCI today reported December quarter revenue of $2.78 billion, down 2.8% year-over-year and up 2.2% sequentially.
The results were in line with Sanmina's previous guidance of $2.70 billion to $2.85 billion.
The results were in line with Sanmina's previous guidance of $2.70 billion to $2.85 billion.
IRONWOOD, MI -- Burton Industries has received ITM Process Certification and ITM Lead-Free Capability Certification for its Ironwood SMT assembly facility.
Based on audits of the company's operations, processes, materials and personnel, ITM Consulting
said the plant meets the standards set forth by ITM and represent best practices for manufacture and assembly.
ITM further determined and certified that Burton Industries’ Ironwood facility is capable of producing Pb-free assemblies in compliance with the requirements of the RoHS Directive.
As part of the certification process, ITM performs a patented SMT assembly process audit which includes Pb-free process capability. Materials, equipment, documentation, processes and methodologies are all scrutinized. When recommendations of the initial gap analysis audit are fulfilled, a second audit is performed and first Pb-free build is observed. Samples of the first build are sent to an independent analysis laboratory.
Based on audits of the company's operations, processes, materials and personnel, ITM Consulting
said the plant meets the standards set forth by ITM and represent best practices for manufacture and assembly.
ITM further determined and certified that Burton Industries’ Ironwood facility is capable of producing Pb-free assemblies in compliance with the requirements of the RoHS Directive.
As part of the certification process, ITM performs a patented SMT assembly process audit which includes Pb-free process capability. Materials, equipment, documentation, processes and methodologies are all scrutinized. When recommendations of the initial gap analysis audit are fulfilled, a second audit is performed and first Pb-free build is observed. Samples of the first build are sent to an independent analysis laboratory.
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